BofA Hikes First Solar Target (FSLR) to $291, Eyeing a 2026 Stock-Picker’s Cycle

First Solar Inc. (NASDAQ:FSLR) is one of the cheap stocks to buy for the next 3 years. On January 9, Bank of America raised the firm’s price target on First Solar to $291 from $255 and kept a Buy rating on the shares. Looking toward 2026, BofA described the upcoming period as a stock-picker’s cycle rather than a solar-beta cycle. This suggests that broad sector trends will no longer lift all boats; instead, success will depend on individual company performance. A day before that, Guggenheim raised the fi ...